180 Lyndhurst Drive, Markham, ON

Thornlea, Markham · MLS® N13820480

$1,399,000
For Sale
Listed 26 days agoNo offer date stated
Request a showing
◎ Directions
3Bedrooms
4Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this beautifully maintained two-storey executive home, thoughtfully designed for comfortable family living.
  • Offering a functional layout with four bathrooms and a professionally finished basement, this home combines space, style, and everyday convenience.
  • The finished basement adds exceptional versatility, featuring a large recreation area ideal for entertaining, a home office, or a fitness space, along with a...

Welcome to this beautifully maintained two-storey executive home, thoughtfully designed for comfortable family living. Offering a functional layout with four bathrooms and a professionally finished basement, this home combines space, style, and everyday convenience.From the moment you arrive, you'll appreciate the outstanding curb appeal, highlighted by a beautifully finished interlock stone driveway, walkway, and backyard patio. Inside, enjoy a spacious main-floor family room, a bright eat-in kitchen, and a skylight that fills the second floor with an abundance of natural light.The finished basement adds exceptional versatility, featuring a large recreation area ideal for entertaining, a home office, or a fitness space, along with a luxurious 5-piece bathroom.Located in one of the area's most desirable neighbourhoods, this home is within the highly sought-after school boundaries for Bayview Fairways Public School and St. Robert Catholic High School. Enjoy the convenience of being just minutes from parks, shopping, public transit, and a wide range of everyday amenities.Property has been virtually staged.

Key facts

Property type
Detached, 2-Storey
MLS®
N13820480
Bedrooms
3
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
46.88 × 109.91 ft
Cross streets
Leslie St & Lyndhurst Dr
Parking
2 garage · 6 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$6,288 / 2025
Days on market
26
Listing brokerage
PAUL ZAMMIT REAL ESTATE LTD.

Rooms

Cold Room/CantinaBasement2.58 × 1.48 m
LaundryBasement3.20 × 2.75 m

Ceramic Floor

Family RoomMain4.58 × 3.31 m

sunken room · hardwood floor

Bedroom 3Second3.38 × 2.90 m

hardwood floor · closet

RecreationBasement8.28 × 5.21 m

laminate · brick fireplace · pot lights

KitchenMain6.38 × 3.19 m

eat-in kitchen · stainless steel appl · w/o to patio

Living RoomMain3.94 × 3.33 m

hardwood floor · bay window

Dining RoomMain3.92 × 3.29 m

Hardwood Floor

Bedroom 2Second3.88 × 3.17 m

hardwood floor · double closet

Primary BedroomSecond5.73 × 3.31 m

4 pc ensuite · walk-in closet(s) · hardwood floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.36Mlikely sale price

Listed at $1,399,000. Going by how homes in Thornlea and the wider GTA have actually closed against their asking prices (about 97%, 6 local closings in 90 days), the likely sale price is near $1.36M, if it sells. A realistic range is $1.27M to $1.53M.

Independent value check: $1.23M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $1.16M and $1.29M).

Why $1.23M. The typical detached home sold in Thornlea over the past year went for about $1.58M (32 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $6,288 a year; the typical home sold here pays about $7,900.
  • ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,500 to 3,000.
List price
$1.27MBelow recent closings$1.53MAbove recent closings

Total price vs nearby homes. Likely closing about $1.36M, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$1.58Mmedian sold price
100%of asking, on average
−3%prices vs a year ago
~20 dayshomes like this take to sell
26days on market so far
$3,177/moest. rent · 5 leases
2.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.5 months of inventory: 11 detached homes for sale in the area against 6 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $799/sqft against an area asking average of $680/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.24M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Thornlea, so I widened the search to the surrounding area.

Based on 6 comparable homes that sold in Thornlea over the past two years, from 52 closings there.

What sellers nearby are askingCurrently listed nearby in Thornlea · asking prices
$1.84Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.23M, which is where my estimate comes from.

Per square foot, these ask about $700/sqft; this home lists at $799/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.40MThis home1.83M1.60M1.80M1.69M2.30MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.50M121
November 2025$1.49M88
December 2025$1.44M72
January 2026$1.42M57
February 2026$1.43M69
March 2026$1.44M95
April 2026$1.39M116
May 2026$1.48M141
June 2026$1.46M147
July 2026$1.38M128
August 2026$1.49M136
September 2026$1.39M114

Neighbourhood & location

Thornlea, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Aileen-Willowbrook
$1.47M
Royal Orchard
$2.77M
Grandview
$1.42M
Unionville
$2.19M
Cachet
$2.30M

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$6,376/mo
$263KIncome needed
5.3×Price ÷ income
$1,471Weekly cost
$24,455Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $6,376Property tax $524Total carry $6,900

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,188per month

Mortgage amount $1,119,200 · 4.49% over 25 years

$279,800Down payment (20.0%)
$1,119,200Loan before insurance
$0CMHC premium
$6,712Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,188
Property tax
$524
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,712

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$24,455
Estimated closing costs
$24,455

Plus your down payment of $279,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,490/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$737,275Total interest paid
$1,856,475Total of all payments
Principal $1,119,200 Interest $737,275
YearPrincipalInterestBalance
1$24,976$49,283$1,094,224
2$26,110$48,149$1,068,114
3$27,295$46,964$1,040,819
4$28,535$45,724$1,012,285
5$29,830$44,429$982,454
6$31,185$43,074$951,270
7$32,600$41,659$918,669
8$34,081$40,178$884,589
9$35,628$38,631$848,961
10$37,246$37,013$811,715
11$38,937$35,322$772,778
12$40,705$33,554$732,073
13$42,553$31,706$689,520
14$44,485$29,774$645,035
15$46,505$27,754$598,531
16$48,616$25,643$549,915
17$50,824$23,435$499,091
18$53,131$21,128$445,960
19$55,544$18,715$390,416
20$58,065$16,193$332,351
21$60,702$13,557$271,649
22$63,458$10,801$208,191
23$66,339$7,920$141,851
24$69,351$4,908$72,500
25$72,500$1,759$0

At the end of your 5-year term

Total paid over the term
$371,295
Principal paid down
$136,746
Interest paid
$234,549
Balance remaining
$982,454

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 5 whole-home leases in Thornlea$3,177/mo
$38,124Gross annual rent
1.9%Cap rate after taxes and upkeep
$1,919 to $3,559Typical rent range
~22 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Thornlea signed at a median of $3,743 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,177. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.7%
Gross yield
− Property tax $6,288− Insurance $1,400− Vacancy & upkeep $4,194Net operating income $26,242

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PAUL ZAMMIT REAL ESTATE LTD.. MLS®/PropTx.

CallRequest a showing